Available through our resale shared ownership scheme, a second floor, one-bedroom apartment in Bermondsey.
Property description:
This stunning, one-bedroom apartment in excellent condition, with a balcony overlooking green space and views of the Shard; just a stone’s throw from the Thames River. Light and airy with floor to ceiling windows in the lounge and bedroom. Well-insulated with low utility bills and council tax. The entrance is located on the second floor with stairs and lift access, secured by an external and internal entry system. There is extensive storage in the kitchen, a separate storage unit in the hallway and a built-in double wardrobe in the bedroom. Open plan kitchen and reception, kitchen with integrated appliances and a bathroom with shower over bath. Parking available with permit only.
Lease: Commenced 2011 with 125-year term
Council Tax Band: Southwark Council – D
Approx. Gross Internal Area: 490sq.ft.
LOCAL AREA INFORMATION
Convenient location close to Bermondsey station offering easy access to central London, Canary Wharf, and walking distance to the City of London. London Bridge mainline station also servicing the Jubilee and Northern Tube lines is within walking distance. Easy access to the fashionable Bermondsey Street, Maltby Street Market and Borough Market. Nearby local amenities such as doctor’s surgery, pharmacy, bakery and other local shops. Only a 5 minute walk to the river and a nearby Tesco and Co-Op for convenience.
FINANCIAL INFORMATION
Property Value = £430,000
Percentage Share = 50%
Share Price = £215,000
*Monthly Rent = £304.64
*Monthly Service Charge = £175.41
**Monthly Mortgage Payment = £1,099
***Annual Household Income = £58,000
*Please note the rent and service charge is reviewed annually 01 April.
** Based on a 90%, 30-year repayment mortgage with an interest rate at 5.5%.
***Is based on a 10% mortgage deposit. If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced.
Your home may be at risk if you do not keep up your mortgage and rent repayments. Particulars give an overall description of the property and are not intended to constitute an offer or form part of any contract. Areas, distances or measurements referred to are approximate. For confirmation of property details refer to the terms of the lease and plans from your solicitor. Hyde New Homes Resale properties are sold as seen, photographs and details (excluding financial information) are provided by the leaseholder. Please note that the Resales Team have not visited this property.
